China is under heavy face here in Texas. They’ve been scooping and Texas either already has or is slated to Ban them. I am in Houston and most properties near me residential or commercial are being scooped by reps of Chinese Firms
Sitting here I’m trying to think of context in which a foreigner owning land works be a good thing. I’m assuming a foreign owned business may think establishing an office here or factory would be less attractive. Then again look at CCP policy in China, they Dena more and businesses are happy to comply. I say ban it and add in new Levy on taxes or otherwise for land already owned by foreigners by the Office of Alien Property / Office of Alien Custodian
The natural response (note, not a good one) is to suggest to your kids they get an RV or something and save for a few years... Just in time for all petrol/diesel cars to be banned and whaddya know - turns out no one wants to make EV RVs and if they do those'll cost as much as a house to start with.
Blackrock
China is under heavy face here in Texas. They’ve been scooping and Texas either already has or is slated to Ban them. I am in Houston and most properties near me residential or commercial are being scooped by reps of Chinese Firms
That may be because you live in little Asia.
https://pjmedia.com/news-and-politics/rick-moran/2021/06/11/rep-chip-roy-introduces-legislation-that-bans-china-from-purchasing-u-s-land-n1453914
Foreigners SHOULD NEVER have been allowed to own US land.
That's the rules in the Philippines. I want land it must go in my wife's name.
I can’t disagree.
Sitting here I’m trying to think of context in which a foreigner owning land works be a good thing. I’m assuming a foreign owned business may think establishing an office here or factory would be less attractive. Then again look at CCP policy in China, they Dena more and businesses are happy to comply. I say ban it and add in new Levy on taxes or otherwise for land already owned by foreigners by the Office of Alien Property / Office of Alien Custodian
Looks like there is massive precedent for mass confiscation from a Known Hostile State.
I say we start & start aggressively.
Oh the shit that will go down once GEOTUS pulls in
The natural response (note, not a good one) is to suggest to your kids they get an RV or something and save for a few years... Just in time for all petrol/diesel cars to be banned and whaddya know - turns out no one wants to make EV RVs and if they do those'll cost as much as a house to start with.
HONK HONK